9 Fair View Lane, Powassan, ON Image 1

$699,000

Investment For Sale
MLS - #X12236544
Jun 22- By Century 21 Blue Sky Region Realty Inc., Brokerage

9 Fair View Lane, Powassan, ON P0H 1Z0

Bed
6 Bath
3300 Sqft.
None Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

3300 Sqft

About 9 Fair View Lane

Investment Opportunity in the Heart of Powassan! Welcome to 9 Fairview Lane an updated, income-producing gem with historic charm and modern potential. This stately 6-bedroom, 6-bathroom home is currently tenanted and generating a solid 6% cap rate. Each spacious bedroom features its own ensuite bath, making it an ideal setup for continued rental income or a seamless transition into a licensed Bed & Breakfast, thanks to RU-10 zoning. Over the past 5 years, major upgrades have been completed: new natural gas furnace, full electrical rewire, all new plumbing, windows, and septic system. The roof was replaced just 2 years ago, leaving peace of mind for years to come. With over 3,200 sq. ft. above grade and a third-floor finished loft space, there's room to grow or reimagine the layout. Situated on a generous 1.2-acre lot, this is a rare chance to own a turnkey asset with character, cash flow, and flexibility.

Home Overview

Last updated

Jun 22

Virtual tour

None

Basement information

Building size

3300

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:No
Heating:Gas Forced Air Open
Parking Features:N/A
0
Similar Homes Found
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Average Price
69900000.0%
Higher than average

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Location

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Walk Score for 9 Fair View Lane

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

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